The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data. The report, ...

This article looks into the latest developments in U.S. monetary policy, the broader implications and the uncertain path ahead.

The RBI is expected to encounter a trilemma encompassing tighter liquidity conditions, depreciating rupee and heightened ...

inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking approach to determine the monetary stance required to achieve the inflation ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This note provides a conceptual framework to organize discussions of the appropriateness of the monetary policy stance and ...

In summary, Mr. Chairman, the key point I am trying to convey is the difference between interest rate spreads and the absolute level of interest rates. The former is determined in competitive ...

Last month, the BOJ raised the policy rate to 0.5% from 0.25%, the highest level since October 2008. Gov. Kazuo Ueda said at a post-meeting news conference that the bank would reflect on the impact of ...

Japan's economy has recovered moderately, although some weakness has been seen in part. It is likely to keep growing at a pace above its potential growth rate, as a virtuous cycle from income to ...